NEWS RELEASE NOVEMBER 2015
300 Large Oil and Gas Projects Account For 80 Percent of the Flow Control and Treatment Purchases
Some oil and gas projects include hundreds of millions of dollars of pumps, valves, filters, compressors and other flow control and treatment equipment. The top 300 projects each year account for more than 80 percent of the purchases. McIlvaine tracks these in the bi-weekly Oil, Gas, Shale, Refining E-Alert.
| October 30 Oil and Gas E Alert covering two week period | ||||
|
Project Name |
Description |
Total Amount $ Millions |
Flow Control Treat $ Millions |
Order Yr 20+ |
| Enbridge | Canadian pipeline | 38,000 | 300 | 16-19 |
| Odebrecht | Pipeline in Peru | 4,000 | 40 | 17-19 |
| Golar | FLNG off Cameroon | 8,000 | 90 | 17 |
| Saudi Arabia's PetroRabigh | Petrochemical and refining complexes | 10,000 | 200 | 16-18 |
| Dung Quat Refinery | New refinery in Vietnam | 4,000 | 90 | 16 |
|
Rosneft |
New refining and petrochemical complexes in Eastern Russia | 10.000 | 200 | 17-19 |
| 10 additional large projects | LNG, refining, extraction | 50,000 | 1,000 | 16-19 |
| Total | 124,000 | 1,920 | ||
Sixteen projects reported in the latest bi-weekly issue account for close to $2 billion of purchases of flow control and treatment equipment. The scope includes oil and gas extraction, LNG, gas-to-liquids processing, and tar sands processing.
The Alert is available separately but is also available as part of N049 Oil, Gas, Shale and Refining Markets and Projects, which provides a complete program for detailed market, prospect and project forecasting. For more information on Oil, Gas, Shale, Refining E-Alert:click on:http://home.mcilvainecompany.com/index.php/databases/28-energy/991-71ei
